Quote:
Originally Posted by pvctrades
BigPippin, last night a signal formed but you said because of the news candle you didn't take it but I also read somewhere you saying that you will take a signal after a news candle. When exactly do you mean you will take a trade after a news candle? After the candle finishes and crosses or if the second candle crosses? Last night seemed like an incident where a signal formed after the news candle was finished. I'm a bit confused by this. Your clarification would be appreciated  |
For example: TIC data comes out at 9:00 am ET. Therefore we wouldn't trade the 9:00 am ET candle. However if the 9:00 am ET candle didn't form a signal but the 9:15 am ET candle did, then we could enter the trade.